Problem: Global Economics
Using the Library Information Resource Network (LIRN), JSTOR, or any other electronic journal database, research eight peer-reviewed articles that can be used to answer the below assignment. Your discussion should summarize the articles in such a way that it can justify any arguments you may present in your below assignment and should be different from the abstract. In addition to your researched peer-reviewed article, you must include an example of the article researched as it is applied by industry (company, business entity, and so forth).
Study the history of international financial activity from 1960 up to the present. You will see the expansion of international banking, you will see that multinational corporations can buy Thai Baht in the branches of Citibank in Sao Paulo, Brazil. You will discover that an American bank located in London accepts a deposit denominated in Japanese yen from a Swedish corporation, or to lend Swiss francs to a Dutch manufacturer.
Write a minimum of four pages paper that includes the following:
A graph that shows the trend of international financial activity from the 1960s up to now.
Explain and demonstrate in quantitative formatting the economic reasons for this trend regarding:
1) The growth of world real GDP
2) The expansion of international business by developing and underdeveloped economies.
3) The world's need for liquidity
4) The expansion of global business
5) The expansion of international banking
6) Offshore Banking and Offshore Currency Trading
7) Whatever other reasons you might find appropriate such as constant current account deficit in the USA.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.